Price and trend forecast of JISLJALEQS for Tomorrow, Weekly, Monthly
Jain Irrigation Systems Limited
Symbol: NSE:JISLJALEQS
ISIN: INE175A01038
75.17
As on 2024-07-26
JISLJALEQS's Today's Performance
Jain Irrigation Systems Limited started the day by opening at 74.27 today 2024-07-26. Its shares reached a high of 76.40 and dipped to a low of 74.00 in intraday. When the markets closed, JISLJALEQS’s stock price settled at ₹75.17 per share. Also check out its key support and resistance levels.
JISLJALEQS Buy/Sell Targets
Tomorrow, buy JISLJALEQS when its price reaches ₹ 75.17 with a stop-loss order at ₹ 73.75. You can set the target price as ₹ 76.59 to capture potential gains. This buy position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.
In the sections below, we will discuss detailed share price target of JISLJALEQS for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.
Important Down levels for JISLJALEQS
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 76 |
| Tomorrow Down Target 2 | 78 |
| Tomorrow Down Target 3 | 79 |
Important Levels for JISLJALEQS
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 74 |
| Tomorrow Up Target 2 | 73 |
| Tomorrow Up Target 3 | 72 |
Based on where the stock opens tomorrow, if JISLJALEQS opens on a positive note, our first target will be ₹76. If Target 1 is achieved, we will aim for Target 2 which is ₹78.
But if JISLJALEQS falls below the average value of ₹75.19, you can enter a sell side position with target number 1 - ₹74 and second target - ₹73 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.
Daily Volume chart of JISLJALEQS
Looking at JISLJALEQS, we've seen a Increasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.
In terms of its price, JISLJALEQS has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for JISLJALEQS is moderate bullish.
Tomorrow's Volume based share price Forecast for JISLJALEQS
JISLJALEQS's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is -21%.
Reversal detection for JISLJALEQS
JISLJALEQS may trend may continue to be bullish since stock is making higher highs and we can get target of ₹74 in morning tomorrow
| Target 1 tomorrow | 76 |
| Target 2 tomorrow | 77 |
| Target 3 tomorrow | 78 |
Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.
Combine this trend forecast with JISLJALEQS's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.
Based on where the stock opens tomorrow, if JISLJALEQS opens on a positive note, our first target will be ₹76.38. If Target 1 is achieved, we will aim for Target 2 which is ₹77.59.
But if JISLJALEQS falls below the average value of ₹75.19, you can enter a sell side position with target number 1 - ₹73.98 and second target - ₹72.79
JISLJALEQS's Weekly Targets
| 1st Up Target | 78.77 |
| 2nd Up Target | 82.36 |
| 1st Down Target | 69.21 |
| 2nd Down Target | 63.24 |
As the week for JISLJALEQS ended on bullish sentiments, we can expect further continuation of this sentiment. JISLJALEQS's initial target will be 78.77 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 69.21 in the upcoming week.
Weekly OHLC Values
| Open | 69.55 |
| High | 76.40 |
| Low | 66.84 |
| Close | 75.17 |
Week for JISLJALEQS started with an open price of 69.55, and the close was at 75.17. JISLJALEQS reached the highest of 76.40 and dipped lowest up to 66.84 last week. This indicates a bullish sentiment for the week.
JISLJALEQS full month swing targets
| Monthly Up Target 1 | 88.33 |
| Monthly Up Target 2 | 91.92 |
| Monthly Down Target 1 | 59.65 |
| Monthly Down Target 2 | 44.12 |
Targets of ₹88.33 can be expected to be reached in the coming month. Once JISLJALEQS achieved this target, we can aim for the next upside target of ₹91.92.
JISLJALEQS if fails to hold upside, down targets of ₹59.65 and ₹44.12 can be achieved by end of this month.
For complete three weeks if JISLJALEQS is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.
Related Stocks in the Same Sector as JISLJALEQS
| Symbol | Name | Industry |
|---|---|---|
| LT | Larsen & Toubro Limited | Engineering & Construction |
| ADANIPORTS | Adani Ports and Special Economic Zone Limited | Marine Shipping |
| HAL | Hindustan Aeronautics Limited | Aerospace & Defense |
| SIEMENS | Siemens Limited | Specialty Industrial Machinery |
| BEL | Bharat Electronics Limited | Aerospace & Defense |
Summary
JISLJALEQS is expected to reach the target of 76.38 in tomorrow's trading session.
After achieving the initial target in JISLJALEQS, we will aim for higher targets of 77.59 tomorrow.
However, if JISLJALEQS starts to trade below ₹75.19, then we will shift our focus to the sell side and aim for down targets of 73.98 and 72.79.